All articles by Barbara Ottawa – Page 104

  • News

    Oil alone not enough to support ageing Norway, IMF warns

    2007-06-12T15:53:31Z

    [16:53 CEST 12-06] NORWAY – Reforming early retirement provisions is one of the most pressing issues to ensure a sustainable pension system in the future, the International Monetary Fund (IMF) has told the Norwegian government.

  • News

    Swiss pension cuts postponed

    2007-06-12T15:52:50Z

    [16:52 CEST 12-06] SWITZERLAND – The second chamber of the Swiss parliament criticised its fellow parliamentarians for rushing a reform of the pension system.

  • News

    Pension fund interest in private equity rises 26%

    2007-06-12T15:51:24Z

    [16:51 CEST 12-06] EUROPE – Private equity firms in Europe raised a record sum of €112bn in 2006, an increase of 56.4% from the year before, and pension funds contributed more than ever to this growth.

  • News

    Mercer seeks 30 consultants for pension risk group

    2007-06-11T14:59:31Z

    [15:59 CEST 11/06] EUROPE – Mercer is pooling its accounting, funding and investment expertise in a European Financial Strategy Group (FSG) to advise corporate clients on pension fund risks.

  • News

    Greek intervention bonds JP Morgan deal

    2007-06-11T14:56:06Z

    [15:56 CEST 11/06] GREECE – JP Morgan and the four pension funds involved in the disputed bond deal have reached a buy-back agreement.

  • News

    IPE QUEST: Lærernes in Japan search

    2007-06-11T14:50:51Z

    [15:50 CEST 11/06] DENMARK – The DKK24.5bn (€3.3bn) Danish Teachers' Pension and Life (Lærernes Pension) is looking for a Japanese equities manager using IPE-QUEST.

  • News

    IORP review will include solvency - McCreevy

    2007-06-11T11:58:46Z

    [12:58 CEST 11/06] EUROPE – A review of the IORP directive starting next year will consider a solvency system for pension arrangements, Charlie McCreevy, EU commissioner for Internal Market and Services, told a conference on Friday.

  • News

    Pension funds drive SRI boom in France

    2007-06-08T12:15:13Z

    [13:15 CEST 08/06] FRANCE – Socially responsible investment (SRI) by institutions more than doubled in France last year.

  • News

    Berkshire chooses actuary

    2007-06-08T10:12:34Z

    [11:12 CEST 08/06] UK – The £1.4bn (€2.1bn) Berkshire pension fund has chosen Barnett Waddingham as its new actuary.

  • News

    Pensions are "deal or no deal" issue in M&As - LCP

    2007-06-07T15:55:15Z

    [16:55 CEST 07/06] GLOBAL – Getting pension accounting sorted and knowing a company's true pension costs now rank among the most important issues in any merger and acquisition transaction, Lane Clarke & Peacock (LCP) has told company representatives.

  • News

    OECD raps all members over pension reforms

    2007-06-07T15:52:25Z

    16:52 CEST 07/06] GLOBAL – Some countries are "phasing in pension reforms too slowly", the Organisation for Economic Co-Operation and Development (OECD) states in its latest "Pensions at a Glance" report.

  • News

    SRI set to change, says SVM

    2007-06-07T12:20:59Z

    [13:20 CEST 07/06] EUROPE – Socially responsible investment (SRI) will evolve more towards investors wanting to engage in companies rather than disinvest from them, SVM Asset Management is convinced.

  • News

    IPE-QUEST: $20m Swiss emerging markets mandate

    2007-06-06T16:17:33Z

    [17:16 CEST 06/06] SWITZERLAND – A Swiss pension fund is looking for a manager for a $20m (€15m) active global emerging markets equity portfolio.

  • News

    NBIM seeks head for new department

    2007-06-06T16:16:11Z

    [17:16 CEST 06/06] NORWAY – Norges Bank Investment Management (NIBM) is looking for its first permanent head of corporate governance and will increase the team in the department by at least three people over the coming months.

  • News

    Lonely voice against ombudsman merger

    2007-06-06T16:07:58Z

    [17:07 CEST 06/06] UK – The Association of British Insurers (ABI) is opposed to plans to integrate the Pensions Ombudsman (PO) within the Financial Ombudsman Services (FOS).

  • News

    Kent appoints UK equity manager

    2007-06-06T16:05:04Z

    [17:04 CEST 06/06] UK – The £2.4bn (€3.6bn) Kent County Council Superannuation Scheme has finalised the restructuring of its UK equities portfolio by naming Invesco Perpetual.

  • News

    FRR chooses three more for private equity

    2007-06-06T16:03:04Z

    [17:03 CEST 06/06] FRANCE – The €32bn Fonds de réserves pour les retraites (FRR) has awarded mandates to Pantheon Ventures, Access Capital Partners and Lehman Brothers International Europe.

  • News

    Confusion over voluntary entry in Romania

    2007-06-06T12:15:00Z

    ROMANIA – The Private Pensions Commission has changed its mind and will now allow Romanians aged 35 to 45 more time to choose whether or not to join a second-pillar pension fund.

  • News

    UK pensions ombudsmen to be merged

    2007-06-05T15:30:03Z

    [16:30 CEST 05/06] UK – Retail and institutional pensions regulatory bodies will remain separate but the UK pensions ombudsmen's offices will be merged, minister for pension reform James Purnell has announced.

  • News

    Slovenia takes tentative reform step

    2007-06-05T15:15:00Z

    SLOVENIA – Early retirement will be penalised under a new law proposed by the Slovenian government but there is no increase in the statutory retirement age.